Debt Relief in Australia

Debt affects seven in ten Aussies and up to 2 million Australians are living below the poverty line. In Australia, debt is a very real concern, but luckily if you are experiencing debt, you don’t have to go through it alone.

Debt Rescue provides debt relief in Australia

Debt Rescue was established in 2005. As one of the first businesses in Australia to offer a broad range of debt relief services, Debt Rescue plays a pivotal role in developing and shaping the industry as we know it today. Debt Rescue specialises in providing positive solutions to assist with debt relief in Australia.

Seeking debt relief in Australia

There are several paths to financial freedom in Australia. Depending on your situation, you might consider Debt Consolidation, Debt Agreements or even Bankruptcy as a way to find debt relief.

Debt Consolidation

A Debt Consolidation loan suits people who are starting to feel the sting of debt but still have the opportunity to turn their finances around. It is a very popular form of debt relief in Australia. Types of Debt Consolidation could include refinancing your loans or transferring the balance of your credit cards into a low or no fee card. You should also make a commitment to not use that card and repay the debt as fast as possible. Debt Consolidation makes your repayments easier to manage by reducing the interest and fees you pay.

Debt Agreements

Part 9 Debt Agreements are suited for people who are struggling with their finances. Debt Agreements freeze the interest and fees on your unsecured debts as well as reduce the overall amount of your debts. By entering a Debt Agreement, you will get the creditors off your back and allow yourself more time to repay your debt without the stress. Debt Agreements are an effective form of debt relief in Australia.

Informal Debt Agreements

Informal Debt Agreements are a good form of debt relief for people who have undergone a sudden financial change. Whether you have recently lost your job or are experiencing an expensive medical emergency, informal debt agreements can help with the relief of unmanageable debts. They act in the same way as a debt agreement, however, are not regulated by the government. This means that informal debt agreements will not be marked on your credit file. Debt Rescue has created their own informal debt agreement, called a Debtstroyer Agreement.

Bankruptcy

Bankruptcy is for people who can no longer control their debt. It comes hand in hand with a range of restrictions and obligations which have an impact on your lifestyle. While bankruptcy comes with strict penalties, it is an effective debt relief strategy. Debt Rescue understands that bankruptcy can be stressful, so we assist you with the application process making sure it runs as smoothly as possible. Bankruptcy is usually considered a last resort for debt relief in Australia.

Get out of Debt wherever you are in Australia

Wherever you are in Australia, Debt Rescue can help you find the right debt relief strategy for you. If you are seeking debt relief in Australia call Debt Rescue and Talk to an Aussie Who Cares on 1800 00 3328.